The world’s fastest growing emerging market is not a country or a region; It is the world’s women.
OPIC launched the 2X Women’s Initiative during Women’s History Month in March of 2018, committing to catalyze $1 billion to invest in women in developing countries. By year end, OPIC had surpassed that initial target.
Through gender lens investing, OPIC is focused on providing women in the developing world access to finance, jobs, and services that enhance economic opportunity.
As the U.S. Government’s development finance institution, OPIC supports investment in global development to advance economic prosperity and global stability. Women are key drivers to achieving both.
Why Invest in Women?
Women worldwide face a $320 billion shortfall in access to credit.
The world’s largest emerging market
The female economy represents a market more than twice the size of India and China combined. By 2028, female consumers will control around $15 trillion of global consumer spending.
A multi-trillion dollar opportunity
Closing the gender labor gap could add $28 trillion to global GDP by 2025.
Investing in women pays dividends
When women earn a competitive income, they spend 90 percent of it on their households; food, healthcare and education.
OPIC supports multiple projects to support lending to female entrepreneurs:
OPIC’s work supporting the world’s women
Lending to female entrepreneurs
This factory worker turned entrepreneur transformed her life and built a dressmaking business this the help of a small loan provided through an OPIC partnership with Citi.Learn More
Expanding access to healthcare
OPIC financing to the Medical Credit Fund helps small health clinics in Sub-Saharan Africa invest in new equipment and expand to serve more patients, including new mothers and young children.Learn More
Empowering women smallholder farmers
Many of the world’s smallest farmers are women, who often struggle to produce enough food to support their own families. OPIC financing to the One Acre Fund is helping female farmers with access to fertilizer, equipment and training to help increase their yields.Learn More
Major infrastructure project supports women-owned businesses
The OPIC-supported Mariscal Sucre International Airport in Quito-Ecuador partners with women-owned businesses from the community to help them gain the skills to serve larger markets.Learn More
The 2X Challenge
The U.S., the U.K., Canada, France, Italy, Japan and Germany later established the 2X Challenge, committing to mobilize $3 billion to economically empower women across the developing world.
Gender Lens Investing
In addition to mobilizing investment to projects that directly benefit women, OPIC is applying a gender lens to all the projects it considers to help ensure women will benefit.
OPIC committed to support emerging market private equity funds that support women in Latin America and the Caribbean through Fund Mujer, a new partnership with Inter-American Development Bank’s IDB Invest. Fund Mujer is the first gender-focused fund for Latin America and the Caribbean.
Through its new 2X Women’s Initiative, OPIC has committed to mobilize $500 million to projects that will support women in Latin America. Advisor to the President Ivanka Trump announced the initiative with OPIC President and CEO Ray W. Washburne in April at the Summit of the Americas in Lima, Peru.